Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 1110 results for "Stimulus"

At least $70bn more in stimulus needed: Grattan

KANIKA SOOD  |  MONDAY, 29 JUN 2020
Australia will have to inject up to $90 billion of additional fiscal stimulus over the next two years if it wants to return the economy to full employment, a new report from Grattan Institute says. The $70 billion to $90 billion required accounts for ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... years." The total number of infection cases in the country was only 500 at the time. The government announced an economic stimulus package - worth around 1.7 trillion rupees ($22.5 billion) two days later to support families and workers affected by the ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... building on its significant efforts, zeroing in on fraud and schemes designed to take advantage of the government's COVID-19 stimulus package. This includes JobKeeper, early release of superannuation, and boosting cash flow for employers. ATO deputy ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... May's assessment of rapid deterioration). Nevertheless, after "having rolled out a combined $2.2 trillion in two stimulus packages to avert a deeper recession", according to Reuters, Japan's former economy minister and the head of the Liberal ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... less-than-ideal," Cirami said. "The pandemic represents the first EM crisis in which many countries have tried to cut rates as stimulus - previously, such moves typically provoked investors to flee the local currency. "That has been Brazil's experience ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... result global macro themes including the China/US trade tension and falling oil prices have subsided, as local economic stimulus measures have helped to calm some investor concerns, stabilise returns, and trigger the economy." "In Australia, nine out ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
Prime Minister Scott Morrison said the government will not extend stimulus packages, saying they would dull the dynamism of the economy. Delivering a speech to the Committee for Economic Development of Australia (CEDA), Morrison said that despite wide ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled the Politburo to contain the spread of coronavirus ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... are the investors. And always the same logic: explain to the states and the EU what they have to do, ask for a green stimulus with lots of sentences that give the appearance of a strong commitment, but which commit absolutely nothing on the part of the ...

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The OECD has urged the Australian government to extend stimulus measures and warned that a second wave of infections could derail our economy. In its latest economic outlook report pointed out that while economic activity collapsed in the second quarter ...